Personal Accident Insurance Policy

The policyholder (a natural entity) takes out an individual i.e. personal accident insurance policy in their name. This type of insurance is always purchased for a specifically named individual. If the same policyholder would like to insure more people, each individual person will be issued their own insurance policy.

This type of insurance covers the following risks:

This type of insurance covers the following risks:

• death caused by accident
• permanent disability
• healthcare costs

An individual may agree an extra premium for additional cover of specific risks (taking part in car and motorcycle races, operation of airplanes and other types of aircraft, etc.) and various sports risks.